Power Grid Corporation of India Ltd. vs. SPML Infra Limited, 2025 SCC OnLine Del 2541
Court can extend the mandate of the arbitral tribunal even if application for the same is filed post expiry of the time
17. Thus, in view of the legal position
enunciated in Rohan Builders (supra) and Ajay Protech
Pvt. Ltd. (supra), the fact that the application seeking extension of
time/mandate of the arbitral tribunal has been filed after the expiry of the
period of time contemplated in Section 29A(1) and 29A(3) of the A&C Act,
shall not be an impediment to this Court granting suitable extension of time to
the Arbitral Tribunal for the purpose of completion of arbitral proceedings.